Elon Musk Continues to Talk Crypto on Twitter, But Does Anyone Care to Hear It Anymore?
The cryptocurrency community on Twitter is a tight group of people, coming to the defense of this nascent technology whenever they have the chance. Most proponents are met with a positive attitude, but there is one person that keeps popping up with little purpose – Elon Musk.
Musk continues to arise in crypto conversations with almost no substance or any other details. Most recently, Musk posted a response to influencer Cobain, calling crypto his “safe word.”
Cryptocurrency is my safe word
— Elon Musk (@elonmusk) April 13, 2019
If anything can be said about Musk’s Twitter activities, it is definitely that he is a bit… interesting. He does not appear to be afraid of saying anything that connects him with cryptocurrency, even to the effect of the aforementioned tweet. A few weeks ago, he even started posting admiration for Dogecoin, following a tweet that said he would become the “chief executive” for the asset after a Twitter poll.
@elonmusk You can't decline! pic.twitter.com/5F0RAncfBo
— Tom Heats (@Tom_Heats) April 2, 2019
He followed the post with a meme and an article for his millions of followers to say. However, soon after, he resigned as the head of this blockchain.
In another strange post, Musk taunted followers buy asking if they were interested in purchasing Bitcoin. This tweet would typically just be a normal post, apart from the image of a Japanese Anime girl that was covered in crypto merch.
Wanna buy some Bitcoin? 😉😉 pic.twitter.com/9ZbBJ5fuVq
— Elon Musk (@elonmusk) October 22, 2018
Musk has even had his share of interactions with the bots and derivatives of Ethereum lately. He has praised the bots for their “mad skillz” while still ostracizing them. He asked Jackson Palmer, the creator of Dogecoin, if there was a way to keep them off of his Twitter feed.
I want to know who is running the Etherium scambots! Mad skillz …
— Elon Musk (@elonmusk) July 8, 2018
Unlike a lot of people that post these types of tweets, Musk’s continued mention of cryptocurrency does not come from a place of disdain for cryptocurrency, but from a place of love. When speaking during the ARK Invest podcast, Musk praised cryptocurrencies for their ability to get by intermediaries.
In the scheme of things, the only real question to ask is, where is this going? He has already quit a platform, though he has remained bullish of the possibility of cryptocurrency’s longevity, and he’s mentioned Bitcoin positively plenty of times. Now what? Is he willing to help the industry reach into mainstream adoption?
No one really knows. Even as Craig Wright continues to say he is Satoshi Nakamoto, the creator of Bitcoin, there have been rumors that Musk has actually been the true identity. One intern with SpaceX has even pointed out how Musk’s hopes of having a world with improved humanity and the way he has certain knowledge of technical and economic issues coincide with Satoshi’s vision.
However, the fact of his busy schedule is enough to deter the rumors, but that does not mean he will stay out of cryptocurrency forever. The fact alone that he jumped into the CEO role for Dogecoin could be interpreted as a sign that, if nothing else, Musk is keeping a close eye on this industry. For now, the public just has to wait and see what’s next.
Live Bitcoin (BTC) Price:
1 BTC/USD =$26,512.0720 change ~ -0.09%